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Topic: Greed and crypto !! - page 34. (Read 5182 times)

full member
Activity: 770
Merit: 101
send and receive money instantly, no hidden costs
May 02, 2018, 03:46:38 PM
I also have a desire to buy a lot of coins - how many good projects! Grin But I am stopped by the lack of money. And common sense does not allow me to take a loan.
sr. member
Activity: 658
Merit: 250
May 02, 2018, 03:38:05 PM
I think taking a loan from a Bank is not a good idea . Better learn the assets and buy at the bottom of those coins that have the potential and will make you a good profit in the future
full member
Activity: 616
Merit: 100
May 02, 2018, 03:34:23 PM
This very clear description of the feeling that prevents people from leaving the open position on time is a fact, because today very many simply do not understand what greed is, they think that this is just a need or a necessity, so they do not pay attention to it.
member
Activity: 257
Merit: 11
May 02, 2018, 03:32:22 PM
I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.

Positive and negative comments are all welcome in this thread. Thanks
Greed is a common nature of all the people,that is why it is normally going to be the common problem of the investors too,people just wont stop until theres some good reason to stop,altcoin investments are dangerous if you dont know what you are doing,that is why you shouldnt be rushing things up so that you wont have big mistakes from these investments.
sr. member
Activity: 532
Merit: 250
May 02, 2018, 03:20:33 PM
#99
it's good that this is happening on the market now.it is especially pleasant to see the green color after such incredibly large downturns in the cryptocurrency market
newbie
Activity: 119
Merit: 0
April 30, 2018, 03:17:49 PM
#98
Cryptocurrency is very volatile, taking loans from the bank to invest in something as uncertain as crypto is very risky and unsafe, greed is something you should watchout for or else you might lose everything you have ever worked for into crypto.
Your watchword should be; only invest in what you can afford to lose.
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino
April 30, 2018, 03:17:29 PM
#97
Greed is the worst enemy every user. Everybody has some greedy in yourself, so the only way is be calm and fighting with it. Be careful because sometimes you can lost all your money
sr. member
Activity: 1092
Merit: 250
Hodlers Network
April 30, 2018, 03:11:22 PM
#96
everything depends on you
if you use a good money management, you will not buy more coin,
except in your list until the target price of all coin in your bag is reached
jr. member
Activity: 175
Merit: 4
April 30, 2018, 03:11:05 PM
#95
I believe that you are a very risky person. I admire you, but I myself did not go to buy crypto currency for borrowed money. Even if the chance of success would have been 80-90% in the rare case of good luck, I just can not give the bank interest on the loan.
member
Activity: 322
Merit: 10
April 30, 2018, 03:08:05 PM
#94
green in cryptocurrency is just incredibly cool. I am glad that it benefits me at the moment and all my investments are gradually increasing
full member
Activity: 356
Merit: 100
April 30, 2018, 11:31:23 AM
#93
Well, slowly everything comes to life. The redness goes away, the grass turns green. But I think we should not forget about the Chinese new year, which is unlikely to bypass the cryptocurrency market.
full member
Activity: 686
Merit: 131
April 30, 2018, 11:30:22 AM
#92
I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.

Positive and negative comments are all welcome in this thread. Thanks

50k, wow that's a lot.

But taking out a loan to take advantage of a price is not stupid, it is strategic trade decision.
I took out 20k in a personal loan in Feb. to buy bitcoin when it crashed and was able to snatch btc at $6900.
I then took that btc and went on an alt shopping spree.
I have already made back the 20k that I have invested and outperformed my interest rate and signing fee on the loan.

Now, of course, you have to be cautious though.

NEVER, borrow more than you can afford to lose.  In america, this is much more protected because credit unions will usually give you a max personal loan based off of your credit history and salary, so in a ways you kind of can not go beyond your means.

Also, you need to have a specific plan with what you will do with that 50k.  Run the numbers and pick a payoff date so you can payoff the loan and not worry about further interest.  For example, decide how much of what coin to buy.  Then decide what month you want to pay off the loan through selling your crypto.  Then calculate at what percent increase from the price you bought the coin at will give you the profit necessary to pay off the loan.  If the coin meets that price increase before the month you wanted to pay it off, then just go ahead and do it.
member
Activity: 285
Merit: 11
quarkchain.io
April 30, 2018, 11:22:59 AM
#91
If you are not greedy you won't make enough money. For you to make enough profit you need some amount of greedy in you.
full member
Activity: 1176
Merit: 100
Vave.com
April 30, 2018, 11:19:41 AM
#90
different limit on expends as displacing use of unit of assessment as requiring use of supports as managing sets of jobs to secure beginning position with the entry to market, and collects as the finest to request with chance of withdrawal to begins with new account.


jr. member
Activity: 667
Merit: 1
April 30, 2018, 11:11:30 AM
#89
The coins you have listed are a good one to invest big into that can give you a good return sooner or later. But I will like to remind you the simple rule "invest only what you can afford to lose" otherwise, stay clear. The game is not for the weak but the strong hearted.
sr. member
Activity: 806
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
April 30, 2018, 11:04:08 AM
#88
Considering a big loan in order to invest in crypto currencies is just too risky and not advisable in my opinion, even in stock market because there is no assurance on it. Even in some business and real estate don't have assurances too but there are at least more stable.
full member
Activity: 912
Merit: 100
April 30, 2018, 10:47:43 AM
#87
As for the loan in the bank, I would not advise him to take it purely for the purchase of cryptocurrency. And if there are free assets and you are sure that the purchased coins will bring you profit, then you can buy them and as much as possible.
legendary
Activity: 1148
Merit: 1006
April 30, 2018, 10:40:57 AM
#86
I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.

Positive and negative comments are all welcome in this thread. Thanks

That would be so risky thing to do since crypto value is so volatile and your not certain that you can really profit.

That is considered as a bad investment since you used a loaned money to invest in an uncertain investment that could potentially lose all your money in just a blink of an eye.

I highly suggest that you take it slow, save some percentage of your salary and invest some of it to any crypto that you want. Always remember to invest an amount that you can afford to lose.

True. Having loans just to invest in crypto is too risky as you said cryptocurrency market is too wild due to volatility. I think the best choice is to participate in bounty programs rather than using our own money to invest in uncertain assets like crypto. That is actually a pure luck if you got your goal since we are not that sure whether the project might be successful or not. How about those scammy ones? If you've poured some on it I think paying those loan is not possible. All crypto investment isn't instant, I mean, it is the matter of luck and time.
It's not only risky if invest that money in shitcoins and you lost that money means it will ruin your life if you have the capacity to pay back your loan then take a risk or else don't ever try this method. This crypto market is very tempting so you should be careful before investing your money. invest only how much you can afford don't make any loans.
member
Activity: 156
Merit: 10
April 30, 2018, 10:32:58 AM
#85
Crypto is one of the way that we can earn faster thus many people will try to invest more and to expect to receive their return more faster.
full member
Activity: 630
Merit: 100
April 30, 2018, 10:23:02 AM
#84
I like to have a lot of cryptocurrencies, in a positive period like the one that started a couple of weeks, after three months of crisis, wants to buy more and more; but we must remember that this is a very high risk market, so I would never make a loan to buy cryptocurrencies, because I would not have the certainty of being able to return the money
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